8813 W Velma LnTracyCA95304
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tracy at 8813 W Velma Ln, Tracy, CA, 95304 priced at $880,000 pairs $3,980/mo rent with after a $4,307/mo payment. Total monthly income equals $3,980/mo. Return on cash invested is 13.99% in year one, and rental yield stands at 5.43% on a $880,000 basis. Equity gained on principal adds $5,679/yr, and 5% annual appreciation accumulates to $243,128 by year five. Five-year ROI measures 71.09% and total cumulative return in cash reaches $205,808. For financing, Ziffy Mortgage’s DSCR program evaluates $3,980/mo property income against a $4,307/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95304, Tracy, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 3,442 (61.0%) |
| Renter Occupied HU | 1,728 (30.6%) |
| Vacant Housing Units | 469 ( 8.3%) |
| Median Home Value | $826,303 |
| Average Home Value | $830,222 |
Housing Distribution
Address Breakdown
Residential
4,956
Single Family
4,161
Multi-Family
795
Businesses
632
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Listed by: Jack Klemm • Klemm Real Estate
Mls Name: MetroList Services of CA
Mls Provider:
Mls ID: #224131249
Disclaimer: Copyright MetroList Services, Inc. All rights reserved. Information is deemed reliable but not guaranteed.